Why is Ludlow Jute falling/rising?

As of 29-Oct, Ludlow Jute & Specialities Ltd's stock price is currently at 384.35, reflecting a decline of 8.45 points or 2.15%. The stock has been underperforming, having fallen for three consecutive days, with a total decline of 3.91% during this period. It opened the day with a loss of 2.35% and reached an intraday low of Rs 377.3, indicating significant selling pressure. Despite the stock's strong year-to-date performance of 49.52% and a remarkable 171.24% increase over the past year, it has recently underperformed its sector by 3.04%. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, suggesting a potential shift in momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 83.58% against the 5-day average, indicating some interest despite the price decline.
Broader Market Context: In contrast to Ludlow Jute's recent struggles, the benchmark Sensex has shown resilience, gaining 0.68% over the past week and 5.76% over the past month. This divergence highlights the stock's recent underperformance, particularly as it has declined by 4.65% over the past week while the Sensex has continued to rise. The broader market's positive momentum may not be translating to Ludlow Jute, which is experiencing a downturn despite its strong long-term performance. This situation underscores the challenges the company faces in maintaining investor confidence amidst recent price declines.